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    Land

    Lexington SC 29073 Platt Springs Rd, Lexington, SC 29073

    1.11 ac lot
    Property ID
    Property summary
    AI-generated overview

    This 1.11-acre commercial land parcel in Lexington County, South Carolina, presents a unique investment opportunity. Located on Platt Springs Road, it boasts an average daily traffic count of 15,135 vehicles, ensuring high visibility for any business. Zoned ID (Intensive Development), the property is suitable for a variety of commercial uses, including retail, light industrial, or office space. Water access is already in place. Its proximity to the new 50-acre Platt Springs Crossing development, featuring a Lowes Foods grocery store and other retail outlets, further enhances its potential. This rapidly growing area of Lexington County, with a 14.5% population increase over the past decade and above-average median household incomes, offers a strong market for commercial ventures. While sewer is not currently available, the zoning allows for diverse commercial applications, making this a versatile and attractive investment. The property's location and zoning, combined with the high traffic volume and proximity to a major mixed-use development, create a compelling opportunity for significant return. The asking price is $295,000. The property's APN is 00652901019. The address is 0 Platt Springs Road, Lexington, SC 29073.

    Property profile
    Verified
    Property type Land
    Lot 1.11 ac (48,352 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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